585 Dundas Street, Hamilton, ON
Waterdown, Hamilton · MLS® X13473008
About this home
Welcome to the exquisite 585 Dundas Street East! This home boasts classic elegance and attention to detail, while preserving it's heritage and original charm. Entering through the front door, you will be greeted with a large foyer and 9' ceilings throughout the main floor! The spacious living room, dining room and kitchen are ideal for families and entertaining, with gorgeous hardwood floors, granite countertops and stainless steel appliances. The main floor continues on with an oversized family room, featuring a fireplace and perfect atmosphere for entertaining and cozy movie nights. Upstairs you will find 3 very large bedrooms, a bonus closet room and a 5 piece bathroom. The partially finished basement and outdoor shed offer ample storage space, in addition to the double car garage. The beauty of this house keeps going to the backyard with your very own beautifully landscaped private oasis, including an above ground pool built into the huge deck! The property is 0.7 acres, with tons of privacy! Minutes from both downtown Waterdown and Burlington, close to parks and all amenities!
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- X13473008
- Bedrooms
- 3
- Bathrooms
- 2 (1 half)
- Size
- 2000-2500
- Lot
- 137.06 × 225.57 ft
- Cross streets
- Dundas Street and Kerns Road
- Parking
- 2 garage · 12 parking (detached)
- Driveway
- Private
- Basement
- Partial Basement
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick, Wood
- Foundation
- Stone
- Roof
- Asphalt Shingle
- Sewer
- Septic
- Pool
- On Ground
- Property tax
- $6,363 / 2026
- Days on market
- 30
- Listing brokerage
- Century 21 Miller Real Estate Ltd.
Listed at $1,349,000, this home is right in line with comparable homes. The number above is my independent estimate of value, not the asking price.
In Waterdown lately, sellers have been getting about 95% of asking and homes sell in about 41 days. Prices are down 11% versus a year ago.
Based on 66 similar homes that recently sold nearby, adjusted for size, beds, and baths.Median of 66 recently sold comparable homes — actual closing prices, not asks — adjusted for size, beds, and baths. The city (MPAC) assessment points to about $1.04M, a bit lower. The comparable range is wide here, so treat this as a rough read until I run a full CMA.
How I got there
Here is the exact math behind the estimate. I start from the closest comparable listing and adjust for the real differences (size, beds, baths) to land on a like-for-like value for this home.
- Closest comparable, sold for $1.30M
- Bedrooms −$30K
- Bathrooms −$15K
- Adjusts to $1.25M
That comparable adjusts to $1.25M; the $1.30M estimate above is the median of all 66 comparables, which is steadier than any single home.This estimate is grounded in actual closing prices from the last 15 months, not asking prices. Lot, condition, and finishes are still my in-person call.
Total price vs nearby homes. Fair value about $1.30M, median of 66 comparables.
What the listing highlightsThese are claims from the listing. The only way to know for sure is to see it in person, and I am happy to book you a private showing.
- Finished basement: added living space, worth checking ceiling height and that the work was permitted. Value driver
- Addition / added square footage: more space lifts value when it is permitted and well integrated, verify the permits. Value driver
- Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed. Weigh carefully
- Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
- Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 5 closest of 6 active listings nearby.
See all comparable homesThis home lists 15% above the area average of $523/sqft.
27 days longer than the Hamilton average (3 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Waterdown, Hamilton, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
Typical asking price of active listings of the same type, per area (outliers removed). Hamilton.
Get the full neighbourhood report (schools, parks, transit & safety) →
Affordability & Mortgage
Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.
Calculate and customize your mortgage and other expenses
Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.
Your numbers
Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 22, 2026); conventional rates run a little higher.
Mortgage amount $1,079,200 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $5,759
- Property tax
- $530
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $6,289
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $23,455
- Estimated closing costs
- $23,455
Plus your down payment of $269,800. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.
Over the full 25 years
At the end of your 5-year term
- Total paid over the term
- $345,541
- Principal paid down
- $137,436
- Interest paid
- $208,104
- Balance remaining
- $941,764
Talk to Team Asgarian about your options
Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.
Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.
Investor snapshot
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersEstimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of Century 21 Miller Real Estate Ltd.. MLS®/PropTx.